NBCUnviersal vice chairman Ron Meyer, the respected former super agent-turned-studio boss, has signed a new five-year contract to continue on in his role helping run Universal Pictures, along with the studio chair Donna Langley and with Jeff Shell, chairman of the Universal Filmed Entertainment Group.
Meyer’s previous five-year pact with NBC-Uni had been set to expire but the conglomerate, whose studio led the box office in 2015, wanted to locked in the senior member of its studio leadership troika well before that pact was going to expire in 2017.
Meyer, who made his name helping start Creative Artists Agency (CAA), is one of the most beloved figures in the entertainment world for being a tough but personable deal maker. Meyer, 71, will continue to report to NBCUniversal CEO Steve Burke and to work hand-in-hand with Langley and Shell. The trio together are credited with powering Universal to the top of the box office in 2015.
The studio was No. 1 in the box office in 2015, besting even juggernaut Disney, with more than 21% of domestic receipts. It’s hits included Jurassic World, Furious 7, Minions, Pitch Perfect 2, Fifty Shades of Grey and Straight Outta’ Compton.
In his role as vice chair of corporate parent NBCUni, Meyer is responsible for overseeing theme parks and the studio. So far in 2016, the studio ranks fourth of the six major studios. It has taken 11.2% of the domestic market, compared to Disney’s 31.4%, 20th Century Fox’s 16.5%, Warner Brothers’ 14% and Universal’s 11.2%.
Correction: A former version of this story read that Meyer re-upped his contract through 2022. The contract is through 2021 instead.